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Investment SetiaSky Residence, Luxurious Condo

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styrwr91
post Aug 10 2022, 11:52 AM

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QUOTE(alovelyday2007 @ Aug 10 2022, 11:16 AM)
Block B which is phase 1 was launched in 2009 (just after US' financial crash) at rm600+ psf with DIBS and other developer goodies plus also first 3 years rental income tax exemption thanks to Najib  rclxms.gif :-) 

block C and D's completion around 2016 then caused oversupply and rental price for the average units to drop slowly from rm4k+ in 2013 to rm2k-rm3k now  mega_shok.gif

phase 1 buyers made modest profit if exited before 2018 / 2019, rm20k compensation by MRT corp for land acquisition around then was a sweet farewell parting gift  rclxms.gif

early bird gets the worm  smile.gif
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Wow didnt know about this. Do you think completion of MRT will help with the valuation in the area? I am not native to KL so im nt sure how much public transport connectivity is being valued in the area
Cavatzu
post Aug 10 2022, 05:45 PM

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QUOTE(styrwr91 @ Aug 10 2022, 11:52 AM)
Wow didnt know about this. Do you think completion of MRT will help with the valuation in the area? I am not native to KL so im nt sure how much public transport connectivity is being valued in the area
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It’s actually a very value for money unit to live in imo. Fantastic views, big build ups, decent facilities, cheap cheap rental. Though once the MRT is opened then the prices should normalise.
AskarPerang
post Oct 8 2022, 03:13 PM

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StarPrimo
post Oct 8 2022, 05:34 PM

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MRT2 line from Sg Buloh to Putrajaya operates early next year.
Thasmita
post Oct 12 2022, 07:40 AM

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This apartment has very little upside in value appreciation.


AskarPerang
post Jan 11 2023, 08:13 PM

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Another lelong unit sold just now.
678sqft unit.
Sold at reserve price 567K.
Single bidder won unchallenged.

Good catch?


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AskarPerang
post Feb 24 2023, 04:03 PM

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Another lelong unit sold today.
Single bidder won unchallenged.
Good catch.



BL98
post Feb 24 2023, 04:05 PM

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park
iamloco
post Feb 24 2023, 08:23 PM

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QUOTE(Thasmita @ Oct 12 2022, 07:40 AM)
This apartment has very little upside in value appreciation.
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How much more do you want? Of course after years of completion the value appreciation has reached the plateau
AskarPerang
post Nov 21 2023, 03:56 PM

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Lelong unit sold today.
Size 872sqft.

Sold at 600K.
Good catch it seems.


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Fantastic11
post Nov 22 2023, 09:35 AM

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Maintenance fee RM0.7psf is it true?

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